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(+) You must always be careful when trading with binary options brokers, some of them that look to be legit and even are regulated have turned out to be nothing more than boiler rooms and bucket shops.(+) When first dealing with ANY binary options broker first deposit a SMALL minimum deposit for trading.(+) Never take ANY bonuses! After making profits from first trade ask for an immediate withdrawal.(+) If you are called on the phone and asked to make any LARGER deposits ALWAYS say NO.(+) After making a successful withdrawal of first profitable trade + deposit amount you can start to trust the broker.

Binary Options trading originally originated in the United States of America, however, over the recent years it has grown and spread all over the world where European nations have taken big steps in the market. Being a binary options trader in Europe comes with certain advantages and precautions that are required to be known.

The reason being, Europe has emerged as one of the lead contenders in binary options trading because of which big broker companies have emerged offering their support. However, with the popularity of the trade the emergence of scams and brokers enticing beginners for cons and tricks increase as well.

Understanding the Basic Regulations

First of all, knowing what a binary options trading actually beholds is important. This trading market works on the basis of contracts with limited risks where with the simple click of yes or no industry propositions one can trade in various active products like forex, signals, stock indices, bitcoin, commodities and other low collateral. To practice your skills and to familiarize yourself with the game, a binary options broker is required for trading.

A word of caution, it is absolutely important that the broker is legally accredited and has a license for trading in Europe. It is easier to trade in Europe as living in a European member state allows one to trade with the other member states that come under the same trading regulations. Trusting the CySEC or the Cyprus Securities and Exchange Commission is advised.

Being licensed to trade in all EU countries they include more than twenty plus binary options broker. The CySEC is known for adhering to their financial guidelines and regulations strictly and according to the laws of the European Union. Some of the trusted ones include the 24Option, ETX Capital, 365Trading, Banc De Binary, Grand Option and various others.